As per my naive understanding is it a combination of an iron butterfly ATM and two diagonal spreads on both sides OTM ? What type of scenarios are we looking to trade these kind of setups ,he mentions it’s an upgraded version of his flyagonal.
As per my naive understanding is it a combination of an iron butterfly ATM and two diagonal spreads on both sides OTM ? What type of scenarios are we looking to trade these kind of setups ,he mentions it’s an upgraded version of his flyagonal.